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2. A Swiss company doing business in the United States wants to lock in exchange rate risk by purchasing S50,000 of U.S currency at the

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2. A Swiss company doing business in the United States wants to lock in exchange rate risk by purchasing S50,000 of U.S currency at the six-month forward rate Exchange Rate Per U.S. $1 Swiss franc spot rate 1-month forward 3-month forward 6-month forward 0.9312 0.9307 0.9298 0.9284 0.6541 0.6543 0.6547 0.6552 U.K. pound spot rate 1-month forward 3-month forward 6-month forward Based upon spot and forward rates in the table shown, how much more would they be paying in Swiss francs to buy the U.S currency at the six-month forward rate than if they bought the same amount of currency at the spot rate? A. 150 Swiss francs B. 180 Swiss francs C.220 Swiss francs D. 140 Swiss francs

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